Situation where weve got this high stakes face off between iran and israel. Again, though, i got to add, iran has been careful in the past not to cause massive destruction inside israel because of how that could escalate and devolve into a major allout war. So they could once again try to do something that causes damage without waking all out war. Kim dozier, Colonel Leighton. Thank you so much for coming on this morning. A new hour of cnn, new central starts right now the breaking news this morning, Hurricane Debby makes land the fall. This is a storm which could break records for the next week. All right. Who is the pick has vice president harris made a decision on her Running Mate the latest updates that an announcement that could come at any minute and standing by for the markets to open in the U. S. Futures are down way, way down after a record breaking drop overseas brace yourself seriously kate is out today. Im John Berman with Sara Sidner. This is cnn news central for being deb
the top name in speculation right now judge katanji brown jackson, joe biden recently appointed to the d.c. circuit court of appeals to replace merrick garland. jackson is a former clerk of justice breyer, confirmed in a 53-44 majority by the senate. joining me is nbc news justice correspondent pete williams, chief legal correspondent and host of the beat ari melber, kelly o donnell and slate legal correspondent dahlia lithwick. pete, you broke this news. justice breyer himself has not announced it or made it official but can you tell us anything about the decision-making process behind his decision to retire? well, our understanding is he came to this decision within the last several weeks. he s obviously in good health. he is 83. he s the court s oldest member but that apparently did not his age or health did not play a part in this. we re told he s well aware of the current political climate. in the past supreme sort justices did not time their decisions in terms o
they did. these markets have been pumped up by the fed for a long, long time. and the fed is out of the game and out of the game faster. that s a supplies. markets hate surprises. it s fascinating what stocks really got crushed today. it s some of the really risky assets. the memes stocks. amc was down 11%. gain stop was down. crypto is down. so what you re seeing is investors in a higher interest rate environment, more volatile environment going out of risky assets and starting to put their money in more stable companies, companies with stable balance sheets and stable earning powers. it was bound to happen at some point. it s happening now sooner and the markets will sell off if they go through with this i think ask art about this. i think they sell off violently. neil: i will be doing that. by curious, what is the surprise here? it might begin tightening sooner, more, what? yeah, the surprise is that jerome powell is now all but conceded that he screwed up. inflati
things or fears that they re not driven to buy things. and then surprising report, double reports yesterday out of technology giants that said so far so good, but actually when it goes to future months, not so good. wall street, my friends, uncertainty. uncertainty abounds today. all the major averages getting hit, in case you re keeping track, on this horrific month. the dow joans industrials skidding 5%. the s&p 500 down 7%. the tech rich nasdaq falling 13%. i should point out as well, 20 of the biggest technology names aren t only deep into a bear market. many of the highs have been cut in half. cut in half. now, the catalyst again is this fear that interest rates go higher as the economy goes lower. so that would make this situation with the economy get worse. you re dealing with inflation that is still running out of control. it was given in a key record out today, a number that is at a reserve that follows closely. here s the good news. wages are running about a 5% clip
better under trump? absolutely i would say so say so. john: democrats take note of that i am john roberts in washington, sentiments are changing, sandra. sandra: very interesting, good to start another hour with you i m sandra smith with you in new york this is america reports. polls show latino voters are drifting from the democrats and the border is a key issue of the swing state voters, the president is heading to texas area because of it tomorrow he will be fighting governor greg abbott s effort. we have in just moments. sandra: but alicia acuna live in chandler, arizona, for us where lisa is making an announcement? yes, center, president biden is here toto announce an $8.5 billion series of grants for intel to help boost production of semiconductors and chips. it also works to help boost his standing with american voters when it comes to his work on the economy. last night he met with local latino leaders and community members to launch latinos con biden y ha